Current Condition of Commercial Banks’ Assets

Current Condition of Commercial Banks’ Assets

27 January, 2016

As of January 1, 2016, the banking sector in Georgia is represented by 19 commercial banks, including 17 foreign-controlled banks and one branch of non-resident banks. In December 2015, compared to the previous month, the total assets of Georgian commercial banks increased (in current prices) by 0.5 billion GEL (or by 2.2 percent) and constituted 25.2 billion GEL (exchange rate effect excluded above mentioned indicator increased by 2.4 percent). The banking sector's own funds (equity capital) equal 3.5 billion GEL, which makes up 14.0 percent of the commercial banks' total assets.

The share of foreign capital in banks' total paid-in capital constituted 80.2 percent.

In December 2015, the banking sector finished with a net profit of 84.5 million GEL.

The five banks with the largest assets constituted 77.7 percent of the banking sector's total assets.

 

 

Current statistical information is published on the NBG's website:
https://www.nbg.gov.ge/uploads/depozitaricorporeisheniinglisurad/
assets__liabilities_of_commercial_banks_totaleng.xls